Hindsight Markets / Small-cap stocks on August 10, 2026

AIFA on August 10, 2026: why it ran

Published October 9, 2026 · By Hindsight Markets

On August 10, 2026, AIFA opened up 19.1% from the previous close of 2.04 and reached 2.60 at 4:00 a.m. ET. The exchange did not halt it.

Previous close

2.04

Open, 9:30 a.m.

2.43

Gap at the open

up 19.1%

Pre-market high

2.60 at 4:00 a.m.

High, 4 a.m. to 4 p.m.

2.60 at 4:00 a.m.

Low, 4 a.m. to 4 p.m.

2.02

After-hours high, 4 p.m. to 8 p.m.

2.39 at 4:05 p.m.

Last trade before 4:00 p.m.

2.15

Volume

592,738

Relative volume

46.6x

Float

4.14 million shares, from filings as of August 10, 2026

Shares outstanding

6.38 million

Halts

none in the halt feed

Why it ran

News and SEC filings for AIFA published between the previous session's close and the first minute AIFA traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.

No news found before the move.

How it traded

Gap and fade. It gapped up 19.1% to 2.43 at the open and traded below the open by 4:00 p.m., at 2.15.

The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.

The day in numbers

• Volume, from the one-minute bars: 325,450 shares before the 9:30 a.m. open (55%), 45,293 in the first 30 minutes (8%), and 221,995 in the rest of the day to 8 p.m. (37%).
• The next session, August 11, 2026, it was up 50.7% from its previous close at the 4:00 p.m. close.

Halts

The exchange's halt feed shows no halts for AIFA that day.

On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.